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Alex Bean

๐Ÿ‘ค Speaker
824 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

1.6.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So full story there.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Don't want to bury it.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

You just, as an entrepreneur, you're like, do you remember the valuation?

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I'm like, well, let me see here.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I remember the valuation.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Maybe I strategically ask it that way to make sure more people answer.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

If you phrase it that way, you definitely get a higher response rate.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But I wanted to put that out there because, again, what you're doing here is very interesting, right?

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We've had David on from ExpenseFive.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We've had Brex on.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We've had Ramp on the show, right?

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And they're basically building massive business on something that you're doing for free.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So I want to dive more into the credit card business.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

I mean, how much money can you make on the credit card business?

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

There's only, what, 200, 300 bips of spread there?

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yep, that's correct.

SaaS Interviews with CEOs, Startups, Founders
Divvy Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But there's a few different ways, right?